Summary
- Two NASCAR teams, including one owned by Michael Jordan, filed a federal antitrust lawsuit against NASCAR and its chairman Jim France.
- The lawsuit claims that the new charter system limits competition unfairly by binding teams to the series, tracks, and suppliers.
- Teams are seeking treble damages for anti-competitive terms that have been in place since the 2016 charter agreement.
- The lawsuit aims to enable the two teams to compete in 2025 under a new charter agreement.